Crompton Clears Butterfly Deal Debt

  Published 8 months ago

Crompton Greaves fully repays ₹2,125 crore debt from Butterfly acquisition, freeing resources for growth and reducing interest costs.

  • Final ₹300 crore NCD tranche repaid, completing all five scheduled debt payments related to Butterfly acquisition.
  • Debt reduction aligns with the strategy to cut interest burden and strengthen financial flexibility.
  • The company aims to boost innovation, future investments, and shareholder value following the debt-free milestone.

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